Dollar broadly supported after U.S. jobless claims

The dollar remained broadly supported near more than 14-year highs on Thursday after releasing the U.S. jobless claims.

Data showed that U.S. jobless claims fell to the lowest level last week, as the number of individuals filing for initial jobless benefits in the week ending January 24 decreased by 43,000 to 265,000 from the previous week’s total of 308,000.

The dollar is expected to gain more support until tomorrow, ahead of the U.S. Gross Domestic Product data for the fourth quarter which is expected to achieve growth by 3.1%.

The U.S. dollar index steadied around 42.62 at 14:06 GMT against other major currencies, after rising to 94.85.